Saturday, May 30, 2020

Week 22: May 24, 2020 -- May 30, 2020

Most under-reported story all week: for the first time ever, the percentage of SUVs to total car sales hit 40%

Top of the list:
Top story of the week:
  • Minneapolis burning
Top energy story of the week:
Favorite video:
Best news all week:
Biggest non-story of the entire week:
Top international non-energy story:

Top international energy story:
Top national non-energy story:
  • Saudi Arabia transfers $40 billion to back sovereign wealth fund's spending spree;
Top national energy story:
Top North Dakota non-energy story:
  • Bismarck not burning;
Top North Dakota energy story:
Geoff Simon's top North Dakota stories:
  • Steep drop in wind farm output after ten years suggests wind dependent on subsidies -- study; here;
  • Court rejects bid to revive cancelled US pipeline program
  • Oasis halts production through May, 2020
  • Governor Burgum waives budget reserve limit for school districts
  • New Williston Basin International Airport nearing completion of final projects
  • Federal Court in Montana strikes down 440 oil and gas leases across the western US
Operators:
  • OXY cuts dividend to one cent; massive debt;
Operations:

Advantaged oil:
500K wells:
Natural gas:
Commentary:

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